Academic Catalog > Financial Aid > Exit Loan Counseling Policy

Exit Loan Counseling Policy

The exit counseling is required for all future graduates, withdrawn and students below a half-time enrollment status. The exit counseling is focused on helping students comprehend their financial obligations, debt and repayment options. If a borrower fails to complete the counseling, GPTC must submit supporting documentation verifying the exit counseling materials were sent to the last known physical address or personal email address.

Withdrawn students at GPTC must complete or receive the exit loan counseling materials within 30 days withdrawal was determined. The Financial Aid Administrator is responsible for ensuring the student completes the virtual counseling through www.studentloans.gov or provide the exit counseling materials via standard mail or electronic correspondence.

Graduating students are required to complete the exit counseling 30 days prior to graduation. The Financial Aid Administrator is responsible for ensuring the student completes the virtual counseling through www.studentloans.gov or provide the exit counseling materials via standard mail or electronic correspondence.

Documentation Required: COD confirmation of completed exit counseling, or copy of counseling letter, or a copy of the electronic counseling with the student’s email address shown.

All documentation must be processed within the allocated timeframe and meet the guidelines as stated. https://ifap.ed.gov/fsahandbook/attachments/1718FSAHbkVol2Ch6.pdf